World oil prices ended the trading session on Friday, June 18, differently. American WTI went up amid positive trend on US stock markets and drop in dollar rate compared to euro, while Brent prices were under influence of threats of demand for oil China.
On Friday prices of WTI with deliveries in July rose by $0.39 to $77.18 per barrel at the New York Mercantile Exchange. Meanwhile, August contract on Brent Crude cheapened by $0.46 to $78.22 per barrel at InterContinental Exchange in London.
World oil and gas price review for June 18 is provided by Energy Intelligence Group.
Daily Oil & Gas Price Review |
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Prices for Friday, June 18, 2010 |
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Crude Oil Futures -- Prompt Month ($/bbl) |
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1st |
5-Day |
2nd |
3rd |
||
Chg. |
Month |
Avg. |
Month |
Month |
|
ICE Brent |
-0.46 |
78.22 |
77.29 |
78.74 |
79.25 |
Nymex Light Sweet |
+0.39 |
77.18 |
76.74 |
78.26 |
79.18 |
International Crudes ($/bbl) |
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Spot |
5-Day |
Month- |
Year- |
||
Cash/Spot |
Chg. |
Price |
Avg. |
Ago |
Ago |
Brent (Dated) |
-0.47 |
77.39 |
76.46 |
69.31 |
71.90 |
Dubai |
-0.55 |
75.99 |
75.58 |
70.27 |
68.50 |
Oman |
-1.31 |
74.87 |
75.11 |
70.94 |
71.64 |
WTI (Cushing) |
+0.36 |
77.16 |
76.68 |
68.26 |
72.68 |
Opec Basket (A) |
+1.09 |
75.24 |
74.62 |
70.57 |
69.24 |
Minas |
-1.08 |
89.51 |
88.91 |
74.66 |
81.09 |
Tapis |
-1.08 |
81.08 |
80.62 |
77.46 |
75.21 |
Forties |
-0.47 |
76.74 |
75.89 |
71.39 |
70.32 |
Oseberg |
-0.47 |
78.89 |
77.60 |
72.41 |
71.62 |
Bonny Light |
-0.47 |
78.59 |
77.20 |
70.86 |
72.12 |
Urals |
-0.47 |
76.34 |
75.60 |
68.01 |
70.27 |
North American Crudes ($/bbl) |
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Spot |
5-Day |
Month- |
|||
Cash/Spot |
Chg. |
Price |
Avg. |
Ago |
|
WTS (Midland) |
+1.04 |
75.38 |
74.64 |
66.58 |
|
LLS (St. James) |
+1.74 |
81.38 |
80.01 |
73.78 |
|
Mars (Clovelly) |
+1.69 |
77.13 |
75.92 |
68.53 |
|
ANS (California) |
+0.60 |
78.66 |
77.41 |
67.18 |
|
Maya (Mexico) |
+0.58 |
67.51 |
66.47 |
60.76 |
|
Heating Oil/Gasoline Futures -- Prompt Month |
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Futures |
1st |
5-Day |
2nd |
3rd |
|
Nymex (ў/gal.) |
Chg. |
Month |
Avg. |
Month |
Month |
RBOB Gasoline |
-1.64 |
214.76 |
213.09 |
214.00 |
213.46 |
Heating Oil |
-1.85 |
212.89 |
209.60 |
214.42 |
216.33 |
ICE (London) |
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Gas Oil ($/ton) |
-3.25 |
681.00 |
667.15 |
682.25 |
684.75 |
Gas Oil (ў/gal.) |
-1.03 |
216.19 |
211.79 |
216.59 |
217.38 |
Product Spot Markets |
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US Gulf Coast‡ |
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Spot |
5-Day |
Month- |
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Gasoline (ў/gal.) |
Chg. |
Price |
Avg. |
Ago |
|
Regular Gasoline |
-0.58 |
204.41 |
202.04 |
183.63 |
|
Premium Gasoline |
-0.58 |
215.16 |
211.99 |
195.63 |
|
Regular RBOB |
-0.49 |
212.50 |
209.86 |
189.63 |
|
Mid-Distillates (ў/gal.) |
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Heating/Gas Oil (B) |
-1.02 |
208.94 |
205.15 |
185.69 |
|
Low Sulfur Gas Oil/Diesel (C) |
-1.02 |
212.44 |
208.55 |
188.19 |
|
Jet Fuel |
-1.02 |
214.19 |
210.55 |
190.94 |
|
Fuel Oil ($/bbl) |
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1% Sulfur |
-0.15 |
69.63 |
68.54 |
66.53 |
|
3%-3.5% Sulfur |
-0.10 |
67.78 |
66.55 |
64.50 |
|
New York‡ |
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Spot |
5-Day |
Month- |
|||
Gasoline (ў/gal.) |
Chg. |
Price |
Avg. |
Ago |
|
Regular Gasoline |
-0.73 |
210.16 |
207.72 |
185.88 |
|
Premium Gasoline |
-0.58 |
218.66 |
216.54 |
198.13 |
|
Regular RBOB |
-0.73 |
216.51 |
213.98 |
195.38 |
|
Mid-Distillates (ў/gal.) |
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Heating/Gas Oil (B) |
-0.52 |
212.44 |
208.25 |
187.94 |
|
Low Sulfur Gas Oil/Diesel (C) |
-1.02 |
215.19 |
211.30 |
191.69 |
|
Jet Fuel |
-1.77 |
217.44 |
215.00 |
194.94 |
|
Fuel Oil ($/bbl) |
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1% Sulfur |
-0.23 |
69.40 |
68.29 |
66.38 |
|
3%-3.5% Sulfur |
-0.15 |
68.38 |
67.01 |
63.28 |
|
Rotterdam ($/ton) (F) |
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Spot |
5-Day |
Month- |
|||
Gasoline |
Chg. |
Price |
Avg. |
Ago |
|
Regular Gasoline |
-6.00 |
720.00 |
714.80 |
672.00 |
|
Premium Gasoline |
0.00 |
720.00 |
712.00 |
682.00 |
|
Mid-Distillates |
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Heating/Gas Oil (B) |
-3.75 |
674.50 |
662.65 |
615.75 |
|
Low Sulfur Gas Oil/Diesel (C) |
-4.75 |
687.50 |
675.95 |
640.75 |
|
Jet Fuel |
-2.75 |
726.50 |
712.75 |
667.75 |
|
Fuel Oil |
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1% Sulfur |
-4.00 |
446.00 |
443.00 |
426.00 |
|
3%-3.5% Sulfur |
-6.00 |
420.00 |
420.00 |
409.00 |
|
Singapore |
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Spot |
5-Day |
Month- |
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Light Ends |
Chg. |
Price |
Avg. |
Ago |
|
Naphtha ($/bbl) |
-0.33 |
74.78 |
73.42 |
74.17 |
|
Regular Gasoline ($/bbl) |
-0.18 |
86.15 |
84.94 |
81.12 |
|
Mid-Distillates ($/bbl) |
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Gas Oil |
+0.60 |
88.70 |
86.49 |
83.30 |
|
Jet/Kerosene |
+0.40 |
89.75 |
87.54 |
83.50 |
|
Fuel Oil ($/ton) |
|||||
3% Sulfur |
-3.75 |
448.50 |
445.69 |
441.60 |
|
Mideast Gulf |
|||||
Spot |
5-Day |
Month- |
|||
Light Ends |
Chg. |
Price |
Avg. |
Ago |
|
Naphtha ($/mt) |
-2.82 |
668.15 |
655.14 |
660.28 |
|
Regular Gasoline ($/bbl) |
... |
... |
... |
... |
|
Mid-Distillates ($/bbl) |
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Gas Oil |
+2.10 |
87.60 |
85.20 |
84.80 |
|
Jet/Kerosene |
+2.32 |
87.99 |
85.39 |
84.20 |
|
Fuel Oil ($/ton) |
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3% Sulfur |
-3.96 |
435.67 |
432.86 |
426.48 |
|
Natural Gas |
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1st |
2nd |
||||
Chg. |
Month |
Month |
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US -- Henry Hub (Nymex) |
$/MMBtu |
-0.165 |
4.997 |
5.049 |
|
US -- Henry Hub (Cash) |
$/MMBtu |
+0.03 |
5.18 |
... |
|
UK -- NBP (Cash) |
p/th |
-0.92 |
45.75 |
... |
|
Produced by Oil Daily in cooperation with Reuters |
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Notes: All spot assessments are bid prices published by Reuters at |
Currency market
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, decreased by 0.0002 points or 0.02 percent. The average rate was established at 0.80372 manat to 1 U.S. dollar.
The maximum rate of the US dollar compared to manat was established June 17 and 18 (0.8038 manat to 1 U.S. dollar) and minimum June 16 (0.8036 manats to 1 U.S. dollar).
As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX) decreased by 0.0002 points or 0.02 percent. The average rate was fixed at 0.8038 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: June 14 and June 15-deals were not concluded and the rate remained at the level 0.8038 manats to 1 U.S. dollar, June 16 - $1.09 million with the average sustained rate of 0.8038 manats to 1 U.S. dollar, June 17 - deals were not concluded, but rate was fixed at 0.8037 to 1 U.S. dollar, June 18 - deals were not concluded, but rate was fixed at 0.8039 to 1 U.S. dollar
No deal was concluded with USD/AZN T+1 and T+2 due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN. Total amount of transactions with value date on the same day, June 16 amounted to 1.899 million euros at the exchange rate of 0.9902 manat on Instrument EUR / AZN.
Privatization shares market
Last week the price of the privatization vouchers stood at the same level, purchase was 9 manat, and sale - 10 manat. Under the President Ilham Aliyev's decree on additional measures for ensuring the use of the state privatization vouchers, the validity period of the vouchers was prolonged until Jan. 1, 2011. This decision was taken due to the fact that about 80 percent of the check is derived from the circulation.